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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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ASPI subsidiary, US university sign uranium conversion technology research agreement

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Development stage nuclear fuels company Quantum Leap Energy (QLE) has signed a research agreement with the Texas A&M University Engineering Experiment Station (TEES) to advance and derisk the commercial production of high-purity uranium hexafluoride (UF6), which is a critical feedstock in the existing nuclear fuel enrichment supply chain. This agreement reflects the growing momentum across Texas' nuclear industry and highlights the value of collaboration in strengthening the domestic US nuclear fuel supply chain.

Grain SA dismayed about JSE's maintained single reference point approach for soybeans

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South African grain and oilseed producers are operating under severe financial pressure with narrow margins, rising input costs and substantial production risk, and can therefore not afford additional inefficiencies resulting from a location differential methodology that may not adequately reflect the geographic distribution of soybean production and consumption. Industry body Grain SA says, in this regard, that the JSE's intention to return to a single reference point can create artificial transport assumptions and expose producers in certain production regions to deductions that do not correspond with actual commercial stock movements.

AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF says

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Artificial intelligence could boost Sub-Saharan Africa's economy by about 4% over the next decade with better electricity supply, internet access and digital skills, an International Monetary Fund (IMF) paper showed on Tuesday, but without such reforms the growth dividend could be negligible. As countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks is surging worldwide.

Phase 2 of Trusted Employer Scheme expands access, introduces digital applications

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The Trusted Employer Scheme Phase 2, introduced by the Department of Home Affairs (DHA), significantly expands access to the programme and introduces a fully digital application process, says immigration consulting firm IBN Immigration Solutions Africa and Europe senior director Andreas Krensel. An important change is that Phase 2 no longer follows a single assessment model. Instead, qualifying businesses can now apply under one of three dedicated scorecard pathways, which recognise that different types of organisations contribute to South Africa’s economy in different ways.

Treasury confirms signing of govt’s $1.5bn development policy loan with World Bank

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The South African government and the World Bank have signed a $1.5-billion Development Policy Loan Agreement aimed at supporting the country’s efforts to achieve inclusive growth by tackling infrastructure constraints, identified as the primary barrier to job creation. This serves as the fourth development policy loan and continued partnership with the World Bank, aimed at addressing South Africa’s economic challenges of low growth and high unemployment, National Treasury notes in a statement.
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